Thursday 19 November 2020

Five Ways AI Is Changing Everything We Know About eCommerce

 In today’s digital age, artificial intelligence (AI) may not be that out of place. However, the technology continues to develop at lightning speeds even in the face of the COVID-19 pandemic that you won’t be faulted for looking at AI as something new. Scientists have even come up with AI to help in the discovery of drugs that could help battle the pandemic. Exscientia, an Oxford company, was the first to push an Ai-discovered drug into trial and is now going through 15,000 drugs using AI to find a cure for COVID-19. Similarly, Cambridge company Healx has also repurposed its AI systems to find drugs for COVID-19 and other rare diseases.

This shows how AI can be beneficial for a variety of industries and use cases, and it might just be the technology that could help people and businesses thrive during the pandemic. With almost all trends being controlled by the pandemic, it’s’ vital to find something that will even up the odds. For businesses, finding a suitable consumer insights platform is more valuable than ever before—and AI can provide a competitive edge when it comes to this area.

The way people behave and go about their business have changed; essentially, people’s way of life is very different now and continuously changes due to the pandemic. For many, eCommerce and other online services are the only viable channels for necessities and other items on their shopping list. eCommerce is on a boom, but it’s not without its challenges. The pandemic has largely affected supply and demand because, while it has increased demand, especially during the panic-buying phase, it has also presented a host of challenges from inventory issues to delivery restrictions and other logistics-related concerns. As such, availability became a major what jobs can you get with a computer science degree that could affect customer loyalty. 


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